euro adhoc: Beta Systems Software AGBoard of Directors (Appointments and Changes)William P. Schmidt appointed Member of the Supervisory Board of Beta Systems (E)

07.07.2003 – 12:56

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Berlin, July 7, 2003 - Upon request of the Supervisory Board,
Management Board, and Works Council, the District Court of
Charlottenburg/Germany has appointed William P. Schmidt, Berlin, as
Member of the Supervisory Board of Beta Systems Software AG, with
immediate effect.

William P. Schmidt (59), who will take a seat on the board due to the
death of Vice Chairman of the Supervisory Board Alfred H. Tauchnitz,
holds an ownership interest of 14.3% in Beta Systems and is therefore
one of the main shareholders of the company. Mr. Schmidt is also a
former Management Board member and a co-founder of Beta Systems.
William P. Schmidt has many years of experience in the IT industry.
Alongside his mandate at Beta Systems, he also holds the position of
Vice Chairman of the Supervisory Board of Emprise Management
Consulting AG, an IT service enterprise also listed in Germany's
Prime Standard. Mr. Schmidt's tenure as Member of the Supervisory
Board will cease with the appointment of a new Supervisory Board
member at the General Meeting of Shareholders in 2004. Dr. Karl
Kauermann has been appointed Vice Chairman of the Supervisory Board
of Beta Systems Software AG.

Furthermore, the Supervisory Board hereby announces that the
contracts of Dr. Oskar von Dungern (Management Board member
responsible for Research and Development) and Karl-Joachim Veigel
(CEO), which were set to expire at the end of 2003, have been
extended by a further three years. Within this context, the prime
objective is to safeguard continuity in terms of governance and to
ensure that the successful program of restructuring and realigning
the company continues as planned.

Beta Systems Software AG, Berlin, Germany
Beta Systems Software AG (Deutsche Börse - Prime Standard: BSS) is a
leading provider of intelligent, high-performance solutions for the
administration of bulk data. Beta Systems supplies software which
enables enterprises to streamline and simplify their data center,
backup, and document management processes. The company specializes in
the automation and optimization of its customers' high volume data
processing systems, focusing on handling, storing, and distributing
data and documents in the most cost effective and intelligent way.
Beta Systems' customers are typically large organizations in the
industrial, finance, telecommunications, energy, service, and public
sectors whose previous methods of data management involved cumbersome
procedures consuming a great deal of time, money, and other
resources. The solutions developed by Beta Systems have an open
architecture and create an information infrastructure which
considerably reduces the previous complexity of the customer's
information management. Beta Systems' products are distributed
worldwide by its own subsidiaries as well as partner organizations.
The company has been publicly traded since 1997 and has 377 employees
worldwide (as of March 2003). For further information, please visit
the company website at www.betasystems.com.